Questions and Answers: Raynes Park Lease Extensions

  • We have just acquired a two bedroom ground floor purpose built flat inRaynes Park and I'm considering a lease extension as soon as possible e.g. in a couple of years
  • I own a leasehold flat in the Raynes Park area and was curious if I could get a lease extension. What are your processes and charges. There are 73 years left
  • I acquired a garden flat in Raynes Park. The start date for the lease was in 2001 for 99 years. Now I am looking for a lease extension. I am uncertain about further expenses, could you tell me please how much I should expect to spend on this?
  • My co-lessees and I are in a building consisting of five flats in Raynes Park and have been offered to buy the freehold for 8k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • I am looking to either purchase the freehold or a lease extension of my property in Raynes Park and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously refinance with Alliance & Leicester to free up equity. The adviser dealing with the remortgage suggested I get two estimates : one for the lease extension and one for outright acquisition .The lease started in 1991 and since then the ground rent has increased from £38.00 per year to £100 per year.
  • I am a first time buyer of a leasehold flat in Raynes Park. The lease has only sixety five years left and ground rent is £25. Is it possible for the flat owner to serve the Initial Notice and then assign this right to me as the purchaser once I complete the buying process so that I don't have to wait for the 2 year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time consuming to the homeowner? To add to the complexity it’s the case of an missing landlord, so I am not sure how does it work.
  • Offer accepted on a a studio flat in Raynes Park, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer come through which states the lease as eighty years.We are soon to exchange contracts in a couple of days. My query is Should I tell the owner that I will only proceed with the purchase (at the same price) on the condition they carry out a lease extension?
  • It says on your website the likely fee for dealing with a lease extension is £495. Is that the total cost excluding value added tax and the land registry fee? The price has already been agreed with the freeholder for the lease extension for my studio flat in Raynes Park
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my ground floor flat in Raynes Park
  • I'm looking for some advice with regard to a lease extension on my maisonette in Raynes Park. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
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    Lease Extensions in Raynes Park

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